REVIEW EVIDENCE Definition

Bookmark and Share

REVIEW EVIDENCE is information used by the accountant to provide a reasonable basis for the obtaining of limited assurance.

Learn new Accounting Terms

AMT see ALTERNATIVE MINIMUM TAX.

LIQUIDATING DIVIDENDS are dividends paid by a corporation that is in the process of liquidation/bankruptcy. Liquidating Dividends are paid from the capital of the corporation as opposed to earnings. Recipients of Liquidating Dividends are typically shareholders, bond holders and/or creditors. In the U.S. such dividends are generally nontaxable under the Internal Revenue Code.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.